An online sports betting is fast becoming America’s favorite way to bet on sporting events. People are moving away from traditional land based bookmakers. The convenience you get with online sports betting has made these old traditional forms of sports betting obsolete.
Simple paperless betting is the best way to get the most value from your betting. Make wagers on your favorite sports, both locally and internationally.
Real American Betting
American betting systems feature unique bets and terminologies. If you are new to online betting, you need to familiarize yourself with certain terms.
All these bets are available in online sports betting. Just because of all the benefits of online betting, it doesn’t mean you need to sell yourself short when it comes to betting options.
Moneyline Bets
Moneyline bets are the most basic sports bets. These require a player to pick a team to win a match.
The odds you receive will be a lower payout on the favored team, with a higher payout on the underdog. This is to encourage more players to wager on the underdog for the chance of a bigger cash reward.
Exciting Spread Bets
Spread betting is a bit more complex. Here a value will be assigned by the betting site that will be in favor of one team but will handicap another team. This value is called the line and it is either added or subtracted to tone of the team’s final score.
If the match is won or lost within that value range, then you will win, depending on how and on whom you betted.
In American betting, this is the type of bet you see most often. It essentially gives bettors more lee way to make an accurate guess on which team will finish with which result.
Over or Under Bets
Over and under bets are not based on one team triumphing over another team. Instead this bet is based on the total score of the two teams added up at the end of the game.
The bettor who wagers on an over will win if the total score is over by a certain value and of course the under bettor will win if his bet is under by a certain total.
Unique Proposition Bets
Proposition bets are bets based on certain outcomes that are not tied with the final score of a game, these usually include a certain player making a certain number of touchdowns, or playing a certain round of golf under par etc.
Proposition bets have always been unique but online they take on a life of their own, but proposition bets often being quite humorous or ridiculous.
Parlays
Parlay bets essentially entails a group of at least two bets being placed. You will win the parlay if all bets are won.
A single loss will make you lose the parlay. Obviously since the risk is so much higher, the rewards are also greater.
Teasers
Teasers are like a parlay bet where you make a wager on a group of events to occur, but with a teaser you can lower your risk but get a lower return on that bet.
The value that adjusts the spread is decided by the sports betting site.
If Bets
If bets take two or more standard or straight bets and in some way ties them together. The first bet must be successful in order for the bet to carry over to the second clause.
These are also high-risk high reward bets, as you essentially have to accurately predict two or more events.
Future Wagers
Obviously all bets are on future events but futures bets extend this to weeks or months in the future. A prime example would be a future bet on a team qualifying for the super bowl.
These bets would be made before the season starts.
Head To Head Bets
Head to head betting will be a bet placing two competitors against each other for instance you will place two golfers or in a head to head bet and try and determine who will finish ahead of the other.
Totalizators
Totalizators are a form of live betting as the odds change as people wager. Basically the more people bet on a certain outcome, the lower the payout for that bet will become, as the outcome seems more likely.
Meanwhile the odds of the underdog winning will be increased and that may become a much more tempting proposition for bettors.
Half Time Bets
Half time bets are popular bets where you bet on the score of a game on the first or second half.
These are great bets as they give you some time to see how the teams are performing but at the same time, losing teams can be quite unpredictable in the second half and may make a powerful comeback. These bets can turn out to be very rewarding.
In Play Betting
Unique to online sports betting NZ, In Play betting is the most flexible form of sports betting available. With In Play betting you can place a bet while a game is in play. These bets are based on real time events for example will the defensive side manage to force a field goal or if a baseball inning will feature a home run.
Bonus Offers
As a way to get new bettors to sign up for online betting, many sites will feature unique promotions and offers. These are often a great way to get a quick start with sports betting as many sites offer free cash reward or free bets.
These offers do not come for free however and you will naturally need to meet certain requirements to make full use of these offers.
The most common requirement is that you will only get full access to your account once you have wagered a certain amount of your own money.
Until you do you will still be able to place bets but you won’t be able to make withdrawals. This is a good trade off as you can still bet and win until you meet the deposit requirements.